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The Coin Geek discusses the relaunch of PCGS paper money grading service and the diverse world of collecting paper money. He highlights the changes in grading standards over time, from fairly accurate to extremely strict and now too liberal. PCGS and another third-party grading service have had their own services, with the founder of the third-party also grading his own paper money. It is interesting to watch the evolving grading standards in the paper money industry.